2 AI Stocks that Could See Faster Growth than NVIDIA© Provided by 24/7 Wall St.

No stock in the S&P 500 has seen recent growth at levels approaching NVIDIA (Nasdaq: NVDA). Last quarter the company saw sales growth of 265% while profits soared an absurd 769%. 

Yet, a recent estimate for growth across different AI technology markets caught my attention. While the processors NVIDIA makes have been the hottest growth market in AI, another market could see even higher growth in the years ahead. 

The...

The companies discussed below offer a potent combination of factors that should intere...

BHM SP24 Black Joy© Provided by Footwear News

To celebrate Black History Month, Converse has released a new footwear and apparel collection, including a reimagined version of two iconic silhouettes.

Designed by Converse's Black design team, The Black Joy collection was made with the intent to encourage Black creatives to grow within their communities. Each style was inspired by the artistic roots of the Harlem Renaissance. Along with an assortment of cropped and standard-fit T-shirts, the caps...

Alibaba Group Holding Limited’s (NYSE:BABA) gaming division, Lingxi Games, announced a significant leadership change, with the current team stepping down to usher in younger management. 

This decision aligns with Alibaba’s strategy in 2023 to infuse its leadership teams with individuals born after 1985, aiming to preserve a dynamic startup culture and avoid stagnation. 

The move is part of Alibaba’s broader restructuring to a holding company model and its operations division into six prim...

Dow stocks are known as the bellwethers of the economy, and they are some of the most stable businesses in the world. But lately, some of the Dow stocks have been beaten up because they have missed some important industry changes.

As we look forward to 2024, I think the problems that Dow stocks Disney (NYSE: DIS), Intel (NASDAQ: INTC), and Verizon (NYSE: VZ) have faced over the past few years will turn around and provide opportunities for investors.

Disney's life beyond cable TV

(Bloomberg) -- Investors are facing a pivotal week as a key measure of inflation that hits Tuesday and the Federal Reserve’s interest-rate decision on Wednesday are expected to set the tone for the stock market and economy heading into 2024.

Growing speculation that the Fed is done hiking rates and will start cutting by mid-year is fueling a sharp drop in Treasury yields and rekindling investors’ risk appetite. The S&P 500 Index has added roughly $4 trillion in market value since late Octo...

In recent weeks, bond yields plunged, and investors have grown euphoric that the Federal Reserve would slash interest rates next year.

But hold on, says Harvard economist Ken Rogoff, former chief economist at the International Monetary Fund (IMF).

“Even with the recent partial retreat in interest rates, they remain well above the ultra-low levels to which policymakers had grown accustomed, and they are likely to stay at such levels even as inflation retreats,” he wrote on Project Syndicate....

A couple of small-cap stocks that have the potential to achieve significant gains next year are InMode (NASDAQ: INMD) and Bitfarms (NASDAQ: BITF). Here's why t...

President Barack Obama knows how to rule a country — and how to make money.

Since leaving office in 2016, AfroTech has been keeping up with America’s favorite President and his subsequent money moves. Whether he’s teaching college courses, joining NBA Africa, or launching a podcast series with Spotify, Barack Obama has been working hard for the money.

In fact, Obama has been richer than he’s ever been in his life. Since leaving office, he’s grown his net worth by $70 million, and acco...

Walmart, controlled by the family, fell 11% in New York trading after the Bentonville, Arkansas-based company reported earnings that lagged analysts’ estimates. Soaring inflation heaped pressure on the retailing giant’s profit margins in the first quarter, testing the company’s appetite to raise prices.

Read more: Walmart Slides After Cutting Profit Forecast on Rising Costs

The f...

Crypto investors no longer know where to turn.

Crypto pricing is now correlated with the stock market, which means that, as the saying goes, when the stock market coughs, digital-currency prices catch pneumonia.

This has persisted this year due to fears of recession. That concern in turn has been fueled by inflation, which is at its highest in 40 years, and by the continuing disruption of supply chains, most recently made worse as covid-19 resurged in China.

Investors have been liquidating asset...

Karen Thomas, CFA

Freelance Contributor

Netflix shined during the pandemic. When stay-at-home orders prevented folks from going out, the company posted blockbuster subscription and revenue growth. The stock became a pandemic darl...

Researchers found traces of Xinjiang cotton in T-shirts and shirts made by Adidas, Puma, and Hugo Boss. The move appears to contradict German clothing brands’ promise of revising supply chains following the allegations of forced labor in China.

Connection: Human rights violations and clothing brands

Cotton from the region of Xinjiang contributes to over 80 percent of China‘s cotton production. Additionally, it amounts to almost a fifth of the world’s production. However several reports re...

Iconic fashion brand Gucci will begin accepting cryptocurrency in some of its U.S. locations later this month, with plans to roll out the program to other North American stores this summer.

According to Vogue Business, in-store payments will be made using a QR code that customers can scan with their crypto wallet, sent by Gucci via email. The stores will accept various digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, and Shiba Inu.

The first locations to accept...

Key Takeaways:

• Musk stated he would simply dismiss all board members, reducing collective salaries to “$0 if my bid succeeds, therefore that’s $3M/year saved right there.”

• Musk’s sudden $43 billion takeover proposal, which came just a week after he filed documents with the Securities and Exchange Commission claiming to be a passive investor in the microblogging website, was followed by Twitter’s decision to use a “poison pill” defence.